What is the expected impact of this preferred dividend announcement on OHC's common stock price in the short term?

Short‑term price outlook:

The announcement of an 8.75 % preferred‑stock dividend is a neutral‑to‑slightly‑positive catalyst for the common shares. It does not change the cash‑flow outlook for common shareholders, but it signals that OHC has enough excess liquidity to service a cumulative, perpetual preferred issue. In a thinly‑traded small‑cap like POWW, any sign of balance‑sheet strength typically nudges the market upward, especially when the dividend amount ($0.5469 per preferred share) is relatively generous for a 2025 issue. Expect a modest uptick—perhaps 1‑2 %—in the next 2‑3 trading days as the news filters through algorithmic screens and dividend‑seeking traders briefly shift into the stock.

Technical & trading considerations:

POWW is currently trading near its recent 20‑day EMA (~$5.85) and just below the short‑term resistance level at $6.10 formed over the last month. The dividend news could provide the short‑term push needed to break that ceiling. Look for a higher‑than‑average volume spike on the day of the press release (Aug 13) and on the record‑date day (Aug 31) as traders position before the September 15 payout. A clean break above $6.10, confirmed by a bullish candle and rising RSI (above 55), would be a potential entry point for a 2‑4‑week swing trade targeting the next resistance near $6.50. If the price stalls below $6.00 with waning volume, a small‑scale short‑term sell‑on‑rise or a protective put could be justified. Keep an eye on broader market sentiment (the overall Nasdaq bias) and any concurrent news about GunBroker.com or ammunition demand, as those fundamentals will ultimately dominate longer‑term price action.